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Reply to "Medicaid long term care eligibility requirements for Virginia (attorney recommendation?)"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You need a lawyer if there are assets to protect. There is a five year look back so I'd transfer assets now (this is also a good idea anyway since you don't want your mom in charge of assets when she has dementia anyway).[/quote] You are absolutely gaming the system.[/quote] if Congress did not want people to do this, they could lengthen the lookback period and if the voting public was that upset about this, they could pressure their elected officials to change the laws. Since neither of those things have happened this is like taking advantage of a tax deduction that you don't "need" but qualify for. Do you think it is gaming the system to move to Virginia when your kid is 13 so they can go to UVA and pay in-state tuition five years later? It is pretty much the same thing. [/quote]
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